Genex Power Ltd. (AU:GNX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Genex Power Limited has notified the ASX of a significant change in director Ben Guo’s interests, following the cancellation of 3 million options that were previously held under a family trust. The cancellation is linked to a members’ scheme of arrangement for the acquisition of Genex shares by JPGA Partners Pty Ltd, as detailed in a transaction booklet dated 6 June 2024. Post-cancellation, Ben Guo continues to indirectly hold 2,420,681 fully paid ordinary shares through a different trust.
For further insights into AU:GNX stock, check out TipRanks’ Stock Analysis page.